Iceland vs Iraq: Taxes on goods and services
Taxes on goods and services over time
- Iceland
- Iraq
How they compare
Iceland currently reports 486.56 billion current LCU against 374.43 billion current LCU in Iraq, a difference of 112.13 billion current LCU.
That makes Iceland's figure about 1.3 times Iraq's.
The two have swapped places 2 times across 6 shared years of data; in 2014 it was Iraq ahead.
Iceland ranks 50th and Iraq ranks 53rd of 157 countries.
Iraq has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher taxes on goods and services, Iceland or Iraq?
- Iceland, at 486.56 billion current LCU against 374.43 billion current LCU in Iraq as of 2023.
- What is the difference in taxes on goods and services between Iceland and Iraq?
- 112.13 billion current LCU, with Iceland ahead.
- How many years of comparable data are there for Iceland and Iraq?
- 6 years are reported by both, from 2014 to 2019.
- How do Iceland and Iraq rank globally for taxes on goods and services?
- Iceland ranks 50th and Iraq ranks 53rd of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.